New Delhi, Oct 3: India’s economy witnessed its highest Navratri sales of consumer goods in over a decade, propelled by the government’s next-gen GST reforms that reduced tax rates and made products more affordable for the consumers.
GST Cuts Unlock Consumer Aspirations
These measures not only lowered prices but also unlocked consumer aspirations, enabling families to upgrade vehicles, invest in home appliances, and spend more freely on lifestyle goods, turning festive cheer into record-breaking consumption, as per the data.
Maruti Suzuki Leads the Boom
Leading car maker Maruti Suzuki clocked a 100 per cent growth in Navratri, which doubled from last year -- best-ever in at least a decade. Maruti Suzuki reported 150,000 bookings and expects to reach 200,000 bookings. The company retai